Jiangxi Copper Price To Book vs. EBITDA
| JIAXF Stock | USD 1.62 0.04 2.41% |
For Jiangxi Copper profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Jiangxi Copper to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Jiangxi Copper utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Jiangxi Copper's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Jiangxi Copper over time as well as its relative position and ranking within its peers.
Jiangxi |
Jiangxi Copper EBITDA vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Jiangxi Copper's current stock value. Our valuation model uses many indicators to compare Jiangxi Copper value to that of its competitors to determine the firm's financial worth. Jiangxi Copper is rated second overall in price to book category among its peers. It is currently regarded as number one stock in ebitda category among its peers totaling about 30,313,967,957 of EBITDA per Price To Book. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Jiangxi Copper's earnings, one of the primary drivers of an investment's value.Jiangxi EBITDA vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Jiangxi Copper |
| = | 0.40 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Jiangxi Copper |
| = | 12.06 B |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Jiangxi EBITDA Comparison
Jiangxi Copper is currently under evaluation in ebitda category among its peers.
Jiangxi Copper Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Jiangxi Copper, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Jiangxi Copper will eventually generate negative long term returns. The profitability progress is the general direction of Jiangxi Copper's change in net profit over the period of time. It can combine multiple indicators of Jiangxi Copper, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Jiangxi Copper Company Limited engages in exploring, mining, smelting, and refining copper in Mainland China, Hong Kong, and internationally. The company was founded in 1979 and is headquartered in Nanchang, China. Jiangxi Copper operates under Copper classification in the United States and is traded on OTC Exchange. It employs 26166 people.
Jiangxi Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Jiangxi Copper. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Jiangxi Copper position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Jiangxi Copper's important profitability drivers and their relationship over time.
Use Jiangxi Copper in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Jiangxi Copper position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Jiangxi Copper will appreciate offsetting losses from the drop in the long position's value.Jiangxi Copper Pair Trading
Jiangxi Copper Pair Trading Analysis
The ability to find closely correlated positions to Jiangxi Copper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Jiangxi Copper when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Jiangxi Copper - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Jiangxi Copper to buy it.
The correlation of Jiangxi Copper is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Jiangxi Copper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jiangxi Copper moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Jiangxi Copper can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Jiangxi Copper position
In addition to having Jiangxi Copper in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Other Information on Investing in Jiangxi Pink Sheet
To fully project Jiangxi Copper's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Jiangxi Copper at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Jiangxi Copper's income statement, its balance sheet, and the statement of cash flows.